US Hits Indian, Turkish Firms and Individuals With New Sanctions for Helping Iranian Regime

US Hits Indian, Turkish Firms and Individuals With New Sanctions for Helping Iranian Regime

The U.S. Treasury issued new sanctions on Nov. 4 against companies and people involved in doing business with the Iranian government as part of an operation to cut off all aid to the country.
Sanctions were issued against an India-based network for allegedly selling false flags and certifications to sanctioned vessels transporting Iranian petroleum for the Iranian military and its proxies, according to Treasury officials.
The sanctions impose blocks on all property and interests in property of the individuals and companies designated by the United States. Violations can result in civil or criminal penalties.
Suniel Kumar Sharma and his wife, Jaspreet Preeti Shahid, allegedly supported Iran’s shadow fleet though a web of maritime fraud, the notice said….

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